Drilling News


Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

9 hours ago

Sunda Energy has started evaluating options for the planned Chuditch-2 appraisal well offshore Timor-Leste following discussions with regulators and its joint venture partner, while separately advancing its acquisition of a New Zealand production business…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Jun 24, 2026

Asia-Pacific focused upstream company Jadestone Energy has drilled and brought online its first well in the 2026 Malaysia infill drilling campaign on the PM323 production sharing contract, which now delivers around 3,000 barrels of oil per day (bpd)…

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Jun 24, 2026

Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Jun 19, 2026

Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field in the Gulf of Thailand, increasing production and successfully delivering its first multi-lateral development well.The campaign at the offshore field included…

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Jun 05, 2026

Conrad Asia Energy, via its subsidiary West Natuna Exploration Limited (WNEL), has signed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI–ADES Consortium for the provision of a jack-up drilling rig to support development of the Mako gas field offshore Indonesia…

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Jun 04, 2026

Masirah Oil has announced that the start date for a planned three-well development drilling program at the offshore Yumna field in Oman's Block 50 will be updated at a later date.The company did not provide a revised timeline for the campaign…

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Jun 04, 2026

Malaysia’s oil and gas services firm Velesto Energy has secured a contract from Northern Gulf Petroleum (NGP) for the provision of jack-up drilling rig services offshore Thailand.The contract was awarded to Velesto's wholly owned subsidiary…

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Jun 01, 2026

Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…

Velesto Secures Malaysia Drilling Deal with Hibiscus

May 18, 2026

Malaysia’s oil and gas services firm Velesto Energy, through its subsidiary Velesto Drilling, has secured a contract from Hibiscus Oil & Gas Malaysia for a 2026 offshore drilling campaign in Malaysia.The company said the award marks its first…

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

May 14, 2026

Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

May 12, 2026

Dolphin Drilling has signed a contract with Harbour Energy for the semi-submersible drilling rig Paul B. Loyd Jr. in the U.K. sector of the North Sea, adding about $150 million in firm backlog, while also securing extension for Blackford Dolphin rig operating off India…

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

May 11, 2026

ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

May 07, 2026

Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…

Current News

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

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